IPS returning to in-person learning for all grades on April 5
Schools still must be able to maintain 3 feet of social distancing, require masks, and ensure a strong contact tracing protocol, Superintendent Aleesia Johnson said.
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Highlights of COVID-relief package include more aid for jobless
As approved by the Senate on Saturday, the legislation also would send $350 billion to state and local governments, $130 billion in additional help to K-12 schools and $60 billion for COVID-19 testing and vaccine distribution.
Biden, Dems prevail as Senate OKs $1.9T virus relief bill
After laboring through the night on a mountain of amendments—nearly all from Republicans and rejected—bleary-eyed senators on Saturday approved the sprawling package on a 50-49 party-line vote.
Late-day rebound propels stock market to big gains
Investors were encouraged by a government report that U.S. employers picked up the pace of hiring last month.
U.S. consumers eased off credit card borrowing in January
Consumer borrowing is closely watched for indications about Americans’ willingness to take on more debt to finance their spending, which accounts for two-thirds of U.S. economic activity.
Agreement could free Robert Indiana’s estate from lawsuit
The settlement agreement brings the legal wrangling over the estate of the artist who grew up in Indianapolis and is known for his iconic “LOVE” series closer to an end.
U.S. adds strong 379,000 jobs in hopeful sign for economy
The pickup in hiring lowered the unemployment rate from 6.3% to 6.2%, the Labor Department said Friday in its monthly jobs report. That is down dramatically from the 14.8% jobless rate of April of last year, just after the virus erupted in the United States.
Indiana governor gets virus shot at state’s first mass clinic
Indiana Gov. Eric Holcomb sat wearing a face mask in the front passenger seat of an SUV while getting the shot in his right arm of the single-dose Johnson & Johnson vaccine being given during the drive-through clinic.
U.S. job growth likely rose in February in rebound from slump
Economists have forecast that job growth reached 175,000 last month, according to data provider FactSet. That would mark a sharp improvement over an average of just 29,000 jobs a month from November through January.
Here’s why rising interest rates are unsettling Wall Street
The speed at which the yield on the 10-year Treasury has climbed has forced investors to re-examine how they value stocks, bonds and every other investment. And the immediate verdict has been to sell them at lower prices.
Stock market turns lower as bond yields continue upward march
Stocks and bonds sold off on Thursday after Federal Reserve Chairman Jerome Powell underwhelmed markets by refraining from pushing back more forcefully against the recent spike in Treasury yields.
Senate begins considering Democrats’ $1.9T virus relief bill
Democratic leaders made more than a dozen late changes in their package, reflecting their need to cement unanimous support from all Democratic senators—plus Vice President Kamala Harris’ tie-breaking vote—to succeed in the 50-50 chamber.
Powell says higher inflation temporary, Fed will be ‘patient’
Federal Reserve Chair Jerome Powell suggested Thursday that inflation will pick up in the coming months but the rise would likely prove temporary and not enough for the Fed to alter its record-low interest rate policies.
U.S. jobless claims tick up to 745,000 as layoffs remain high
Counting supplemental federal unemployment programs that were established to soften the economic damage from the virus, an estimated 18 million people are collecting some form of jobless aid.
Productivity see largest decline in 40 years, but beats earlier estimates
The revised figure released by the Labor Department on Thursday was slightly smaller than the 4.7% decline estimated a month ago. But it was still the biggest drop since the second quarter of 1981.
Fed survey finds modest gains in the U.S. economy in February
Reports on consumer spending and auto sales were mixed, while overall manufacturing showed moderate gains despite supply-side constraints, according to the Fed survey.
Google vows no new user tracking in Chrome ad data changes
The digital giant has been working on proposals to remove from Chrome so-called third party cookies, which are snippets of code used by a website’s advertisers to record browsing history in order to show users personalized ads.
Study: Pandemic puts 1 in 3 not-for-profits in financial jeopardy
Among the most vulnerable not-for-profits, the study said, are those involved in arts and entertainment, which depend on ticket sales for most of their revenue, cannot significantly their reduce expenses and don’t typically hold much cash.
INDOT adds March Madness, Hoosier Hoops Highway signs go up on interstates
Games will be played throughout Indiana beginning Wednesday in Evansville, Indianapolis, Bloomington and West Lafayette.
Bed Bath & Beyond to go with something new to revive sales
The chain will begin selling eight new store brands this year. The new brands were announced Wednesday by CEO Mark Tritton, who was hired in late 2019 from Target, where he did much the same thing as chief merchandising officer.